£852,519
(€205/sq. ft)
€995,000
Land for saleAlmancil, Loule, Portugal
4,844 sq. ft
About this property
Plot With Project Approved - Vale Formoso
An exceptional opportunity to acquire a 2,115m2 plot with a fully approved building project in Vale Formoso, ideally positioned within easy driving distance of Vale do Lobo, Quinta do Lago, the beaches, golf courses, restaurants and all amenities of the Golden Triangle.
The project is fully approved, including all required specialities, and ready to build, offering an attractive opportunity for investors looking to develop a high-quality property in one of the Algarves most sought-after areas.
The current approved project provides a ready-to-go development opportunity, while the substantial plot size offers further potential for the future.
Importantly, once the pdm process is concluded, the site is expected to benefit from a 980m2 building allowance, potentially allowing investors to explore an entirely new project and maximise the development potential of the land, subject to the applicable planning approvals.
With its excellent location, generous plot size, approved project and significant future potential, this represents a rare investment opportunity close to the Golden Triangle.
Vale Formoso is a peaceful and sought-after residential area in the Algarve, ideally located within the Golden Triangle. Surrounded by countryside, it offers easy access to Quinta do Lago, Vale do Lobo, beaches, golf courses, restaurants and local amenities, making it an attractive location for both living and investment.
An exceptional opportunity to acquire a 2,115m2 plot with a fully approved building project in Vale Formoso, ideally positioned within easy driving distance of Vale do Lobo, Quinta do Lago, the beaches, golf courses, restaurants and all amenities of the Golden Triangle.
The project is fully approved, including all required specialities, and ready to build, offering an attractive opportunity for investors looking to develop a high-quality property in one of the Algarves most sought-after areas.
The current approved project provides a ready-to-go development opportunity, while the substantial plot size offers further potential for the future.
Importantly, once the pdm process is concluded, the site is expected to benefit from a 980m2 building allowance, potentially allowing investors to explore an entirely new project and maximise the development potential of the land, subject to the applicable planning approvals.
With its excellent location, generous plot size, approved project and significant future potential, this represents a rare investment opportunity close to the Golden Triangle.
Vale Formoso is a peaceful and sought-after residential area in the Algarve, ideally located within the Golden Triangle. Surrounded by countryside, it offers easy access to Quinta do Lago, Vale do Lobo, beaches, golf courses, restaurants and local amenities, making it an attractive location for both living and investment.
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